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US Stocks: US market edge lower ahead of Fed decision; chip stocks wobbleMajor stock indexes on Wall Street opened lower on Wednesday. Investors awaited the Federal Reserve's monetary policy decision amid Middle ...- US to award GlobalFoundries $300 million to develop faster AI chip linksThe award is part of President Donald Trump's effort to direct CHIPS Act research funding toward critical semiconductor technologies as W...
- Marvell Technology to invest $250 million in India, double headcountMarvell Technology will invest $250 million in India over three years. The firm plans to double its India headcount and expand offices. Thi...
- China is throwing a 1-2-3 punch at the global AI tradeIn quick succession, China has thrown a powerful 1-2-3 punch at the global AI trade. On July 16, Beijing-based startup Moonshot AI released...
- Global Market: China stocks slip as AI-linked selloff deepens; Hong Kong gains on internet sharesChinese stocks fell Wednesday as artificial intelligence shares faced selling pressure. Hong Kong shares outperformed, driven by strong gai...
- India's AI boom is rewarding engineers more than codersIndia's AI and manufacturing push is reshaping job market, with engineers, technical support professionals and infrastructure roles seeing ...
- Explained: The $400 million ASML 'printers' key for the AI chip boomAdvances in AI and a global buildout of data centres have led chipmakers to expand capacity rapidly. ASML supplies tools to TSMC, which mak...
- Taiwan detains Nvidia employee in Super Micro probe, Taiwan media saysTaiwanese authorities have taken into custody an Nvidia employee as part of an investigation concerning the unlawful export of AI servers. ...
- Global Market: China stocks slide to one-week low as AI valuation concerns hit tech sharesChinese stocks fell to a one-week low on Tuesday, led by a sharp selloff in technology and semiconductor shares as investors questioned AI-...
- Global Market: Samsung, SK Hynix plunge up to 11% as investors reassess AI chip boomSouth Korean chip stocks experienced sharp declines on Tuesday. Major companies like Samsung Electronics and SK Hynix saw significant drops...
- Cadence raises annual forecasts as demand booms for AI chip designCadence now expects 2026 revenue to be between $6.26 billion and $6.34 billion, up from its prior projection of $6.13 billion to $6.23 bil...
- Explainer: Why investors are betting big on China’s chipmaker CXMTChina's ChangXin Memory Technologies (CXMT) became the country's most valuable listed company after its shares surged 470% on their Shangha...
- China memory chipmaker CXMT set for Shanghai debut after Asia's biggest IPOAt the IPO price, CXMT is valued at about 579 billion yuan ($85.5 billion) before the possible exercise of the over-allotment option, makin...
- Samsung Electronics wins $200 billion Broadcom AI chip partnership, boosting foundry pushThe tie-up comes as global technology companies increasingly develop their own custom AI accelerators, rather than relying solely on gener...
- South Korea's SK Hynix, Samsung Electronics sign $950 billion partnership with US big techThe partnership includes the long-term supply of $750 billion in memory chips to US companies by SK Hynix and $200 billion in chips by Sams...
- South Korea President Lee looking to open new era of AI in with global tech companiesPresident Lee delivered a keynote address unveiling a "San Francisco AI Declaration" that outlined South Korea's AI ambitions and its visio...
- Nvidia, Amkor strike $1.5 billion chip packaging dealUnder the agreement, Nvidia will make a prepayment to support the expansion of Amkor's US advanced packaging operations, including capacit...
- Intel forecast crushes estimates as AI boom boosts chip demand; shares jumpIntel expects third-quarter revenue between $15.8 billion and $16.8 billion, compared with analysts' average estimate of $15.1 billion, acc...
- Besi orders more than double as AI and hybrid bonding tech drive demandBesi's quarterly orders more than doubled, fueled by AI and hybrid bonding technology. The company saw increased customer adoption of its a...
- Nvidia donates supercomputer to US military universityThe NPS is operated by the US Navy and offers masters and doctoral degrees in fields such as computer science and aerospace engineering, am...
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